Which of the following statements if any is are correct1, Ask an Expert

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Which of the following statements, if any, is (are) correct?

1. Prepaid Tuition plans provide for the prepayment of college tuition at current tuition prices, plus a small premium, for future enrollment.

2. A disadvantage of a QTP (qualified tuition plan) is that the owner / contributor must relinquish control of the account, and share control of the funds with the student / beneficiary.

A.1 only.

B. 2 only.

C. Both 1 and 2.

D. Neither 1 nor 2.

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Financial Management, Finance

Category:- Financial Management
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